Search found 317 matches

by Prudence
Fri Feb 16, 2018 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8645

Re: Torn between Vanguard, Fidelity and Schwab

I am currently at Vanguard. Are there any noticeable differences in the three companies regarding establishing beneficiaries and/or TODs (transfer on death) on your accounts (e.g. does one or another offer more or less restrictive options)?
by Prudence
Fri Feb 16, 2018 8:41 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8645

Re: Torn between Vanguard, Fidelity and Schwab

How would one go about moving assets out of Vanguard into Schwab , for example? Would he/she need to sell VTSAX, pay capital gains and then buy Schwab Total Market or can one just keep move VTSAX to Schwab and pay the same expense ration and no fees just like at Vanguard? My plan is to have Vanguar...
by Prudence
Thu Feb 15, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6330

Re: Work-out schedule for those in 60s

Another question. After lifting I have been taking GNC ANC Extreme 60 protein supplement for many years now. So, maybe two or three times per week. I am 71. I wonder if at this age I should stop the supplement or modify the routine. I eat plenty of protein (eggs, chicken, fish etc.). The Extreme 60 ...
by Prudence
Tue Feb 13, 2018 10:40 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard TIPS
Replies: 10
Views: 824

Re: Vanguard TIPS

Where would there be available info. on setting up a TIPS ladder. And, if you don't mind my asking dbr, what do you do? Thanks much. FYI, this thread includes a posting with a spreadsheet to assist with building a TIPs bond ladder using secondary market TIPs. https://www.bogleheads.org/forum/viewto...
by Prudence
Sun Feb 11, 2018 8:47 am
Forum: Investing - Theory, News & General
Topic: Why should we care about inflation?
Replies: 58
Views: 4980

Re: Why should we care about inflation?

JBTX wrote: The problem is if inflation does rear its head, I tend to think there will be hesitation to fight it too aggressively like Volcker did in the 80's. Growth will probably already be lower due to factors above, and with high levels of government debt around the world, a signfiicant rise in...
by Prudence
Sat Feb 10, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

You have to update the weights at least quarterly ... Be aware that adjusting the duration of the funds more frequently reduce s, but does not eliminate , interest rate risk. To see this I constructed a very hypothetical example. It assumes one wants to have $1,000 (inflation adjusted) in four year...
by Prudence
Fri Feb 09, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Thanks for taking the time to do this, I really appreciate it! From reading the thread, I can see that this is mimicking a 20 year TIPs bond ladder efficiently. It appears that in the first five years I would be making withdrawals from the IT fund. So, if interest rates are rising during this perio...
by Prudence
Fri Feb 09, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Suppose I need $10K a year for twenty years starting now.<br/> <br/> So, is the weighted duration of the TIPs funds today = 10 years (20/2=10)?<br/> <br/> For simplicity, should I invest three years ($30K) in a ST TIPs fund (duration 2.5 years), and the remainder ($170K) in the IT TIPs fund (durati...
by Prudence
Thu Feb 08, 2018 9:49 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

This seems complex. I readily admit that this is something most individual investors are not capable of doing. OTOH, it is not mind-numbingly complex if you understand basic finance. (You've mastered a beginning finance course at the undergrad level.) I want $10,000/yr for the next 15 years. How mu...
by Prudence
Thu Feb 08, 2018 6:45 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

Suppose I need $10K a year for twenty years starting now.<br/> <br/> So, is the weighted duration of the TIPs funds today = 10 years (20/2=10)?<br/> <br/> For simplicity, should I invest three years ($30K) in a ST TIPs fund (duration 2.5 years), and the remainder ($170K) in the IT TIPs fund (durati...
by Prudence
Thu Feb 08, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

<r><QUOTE author="bobcat2" post_id="3760917" time="1517698819" user_id="104"><s> </s> <QUOTE author="Raybo" post_id="3760897" time="1517697917" user_id="79"><s> </s> Suppose I need $15K a year starting in 5 years for the next 20 years? The “real interest” duration of Vanguard’s intermediate TIPS fun...
by Prudence
Wed Feb 07, 2018 10:14 pm
Forum: Investing - Theory, News & General
Topic: Matching a TIPS bond ladder with ST and LT TIPS bond funds
Replies: 98
Views: 4635

Re: Matching a TIPS bond ladder with ST and LT TIPS bond funds

I still don't understand for DIY if I should be taking out the periodic withdrawals as the same nominal amounts each time. That really doesn't make sense to me, since the objective is to match spending liabilities that will change based on inflation. If I wanted to provide $1,000 per year starting ...
by Prudence
Fri Feb 02, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Advice Regarding a Family Member's Expenses
Replies: 11
Views: 1113

Re: Advice Regarding a Family Member's Expenses

You are right and thank you.
by Prudence
Fri Feb 02, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Advice Regarding a Family Member's Expenses
Replies: 11
Views: 1113

Re: Advice Regarding a Family Member's Expenses

I appreciate all of your replies, very helpful. Her apartment is near the DC line in Montgomery County, MD. So far, I have not asked her too many detailed questions. My understanding is that she receives about $1,735.00 a month from the government which she uses for basics like rent and food, and, I...
by Prudence
Fri Feb 02, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Advice Regarding a Family Member's Expenses
Replies: 11
Views: 1113

Advice Regarding a Family Member's Expenses

My sister in law is now 68 and has had significant mental and physical health issues for many years. She has not worked for at least 20 years. She has no savings and gets by with social security (disability I think) and Medicaid. She lives in the Maryland suburbs in an apartment. She can't live on h...
by Prudence
Mon Jan 29, 2018 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Don't market time...i know, i know.
Replies: 26
Views: 3770

Re: Don't market time...i know, i know.

I have a retirement date about 2 yrs from now. The markets are beyond my wildest imagination; more in my nest egg than I need. Is there a way to 'set some aside'? Sure, flame me, but I've been an invest and hold guy for 30 yrs. Never touched my 95% equities holdings even during 2007 era. Now stocks...
by Prudence
Mon Jan 22, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: bond allocation
Replies: 15
Views: 1144

Re: bond allocation

No, I am betting that bond yields will keep going up. My fixed allocation is in CDs now (and my stable value fund) because I am very pessimistic about bond funds. If I wished to have any bond fund at all which I don't I would go with the total bond index and stay far away from TIPs funds. I don't t...
by Prudence
Mon Jan 22, 2018 11:04 pm
Forum: Personal Consumer Issues
Topic: Work-out schedule for those in 60s
Replies: 78
Views: 6330

Re: Work-out schedule for those in 60s

I've recommended Body by Science and The High Intensity Fitness Revolution books previously. These two books transformed my workout and my physiology even though I had been working out for about 4 decades before reading THIFR and later reading BBS this summer. I've never looked better in all the ye...
by Prudence
Mon Jan 22, 2018 10:43 pm
Forum: Investing - Help with Personal Investments
Topic: bond allocation
Replies: 15
Views: 1144

Re: bond allocation

If this is an IRA and you will be holding the bond investment for at least six years, I would put all of it in VG total bond index fund. That is simpler. TIPs funds do not provide reliable protection against inflation and the yield is not commensurate with the risk or competitive with other fixed i...
by Prudence
Mon Jan 22, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: bond allocation
Replies: 15
Views: 1144

Re: bond allocation

Thanks very much for your input. I'll have to do some research on this. Regards, Bill Dare If this is an IRA and you will be holding the bond investment for at least six years, I would put all of it in VG total bond index fund. That is simpler. TIPs funds do not provide reliable protection against ...
by Prudence
Mon Jan 22, 2018 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Real Estate in Montgomery County MD
Replies: 6
Views: 519

Re: Help with Real Estate in Montgomery County MD

I live about two miles from there. I would treat this sale like any other sale of a residence. Personally, that means finding a good realtor (I know several around here) and listing the property on the MLS. It could be sold as is or whatever makes sense. The critical goal is to ensure that the prope...
by Prudence
Mon Jan 15, 2018 8:54 am
Forum: Investing - Theory, News & General
Topic: What should I own on the bond side ???
Replies: 11
Views: 1694

Re: What should I own on the bond side ???

I do like VG Total Bond Market Index. A few posters have been saying that they would prefer CDs now over bond funds. I agree with them since I am assuming interest rates are more likely to go up rather than stay flat or go down. Suppose I invest $100,000 into a three year CD @ 2.2%, I will have abo...
by Prudence
Sun Jan 14, 2018 10:45 am
Forum: Investing - Theory, News & General
Topic: What should I own on the bond side ???
Replies: 11
Views: 1694

Re: What should I own on the bond side ???

The general BH philosophy is that you hold bonds for stability, not for return. For bonds that are part of a long-term investment portfolio, Vanguard's Total Bond Market Index is highly recommended. It's only had one negative year out of the last 15, and that was 2013, when it was down 2.15%. If yo...
by Prudence
Sun Jan 07, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Trusts for adult Children
Replies: 203
Views: 10551

Re: Trusts for adults Children

We have a married daughter and she has two kids. Several months ago, I told my daughter that she may be inheriting a significant sum so could she please set up a will and/or trusts to protect the interest of the kids (so that if there is a divorce, the funds will go to the kids assuming that would b...
by Prudence
Fri Jan 05, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 11 month [No-Penalty CD]
Replies: 382
Views: 31697

Re: Ally Bank 11 month [No-Penalty CD]

The Vanguard municipal money market funds are now a better deal for me. I calculate my taxable equivalent yield (TEY) as 2.00% on the CA muni MM fund (7-day yield = 1.30%) and 1.97% on the national muni MM fund (7-day yield = 1.39%). And I calculate my TEY on the Limited-Term muni fund, with a dura...
by Prudence
Fri Jan 05, 2018 1:31 pm
Forum: Investing - Theory, News & General
Topic: Synchrony bank 12 month CD @ 2%
Replies: 8
Views: 1265

Re: Synchrony bank 12 month CD @ 2%

thegoogly wrote:
Thu Jan 04, 2018 10:50 am
Just saw it this morning - Synchrony bank has 12 month CDs paying 2% :D
Their FAQ states that the early withdrawal penalty is applied to the principal. I can see giving back some interest, but, is it true that I could wind up with less than I deposited when I opened the CD?
by Prudence
Wed Jan 03, 2018 2:05 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3787

Re: E-reader for ebooks - Pros and Cons

We read books and magazines easily downloaded from our local library using our ipads. Much prefer a multi-functional device like ipad rather than using a single function e-reader...too many devices make for charger chaos. Yes, I am thinking of buying the 2017 9.7 inch 64GB Apple iPad instead of the...
by Prudence
Wed Jan 03, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: E-reader for ebooks - Pros and Cons
Replies: 74
Views: 3787

Re: E-reader for ebooks - Pros and Cons

I read several magazines and daily newspapers online on my laptop. I would like to get a tablet for this plus email and internet. Kindle Fire would be fine, I think. How does this work? Do I download the item (NY Times or Wash Post for example) to the Kindle; read it online; either/or? Can I get any...
by Prudence
Sun Dec 31, 2017 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12674

Re: Confusion about prepaying property taxes

P.S.: yesterday (Saturday at 5 p.m.), the post office delivered the Assessment Notice (This is Not A Tax Bill) for our property in Montgomery County MD. The notice date is December 28th for the tax year beginning 7/1/2018. (On Thursday we had decided not to pre-pay).
by Prudence
Thu Dec 28, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12674

Re: Confusion about prepaying property taxes

I live in Montgomery County MD and the county council is allowing us to pre-pay our 2018 county real estate tax in 2017. We file a joint tax return. Until recently we were planning to take the new $24,000 standard deduction when we file the 2017 tax return. But, if we were to pre-pay the real estat...
by Prudence
Wed Dec 27, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Confusion about prepaying property taxes
Replies: 124
Views: 12674

Re: Confusion about prepaying property taxes

I live in Montgomery County MD and the county council is allowing us to pre-pay our 2018 county real estate tax in 2017. We file a joint tax return. Until recently we were planning to take the new $24,000 standard deduction when we file the 2017 tax return. But, if we were to pre-pay the real estate...
by Prudence
Wed Dec 27, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Should we downsize?
Replies: 42
Views: 3156

Re: Should we downsize?

I would keep it. We paid extra principal every month and we only had one income. With your combined income, you might be able to make significant additions to your monthly payment.
by Prudence
Fri Dec 22, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA Required Mandatory Distributions
Replies: 5
Views: 387

Re: Traditional IRA Required Mandatory Distributions

My wife and I each have traditional IRAs and we file a joint tax return. I am doing RMDs now. She will be required to start by 2023. It might be advantageous if we do a single RMD (let's say in 2023 assuming rules are the same) to cover all of our traditional IRAs (i.e. fund the RMD due in 2023 for...
by Prudence
Fri Dec 22, 2017 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA Required Mandatory Distributions
Replies: 5
Views: 387

Re: Traditional IRA Required Mandatory Distributions

My wife and I each have traditional IRAs and we file a joint tax return. I am doing RMDs now. She will be required to start by 2023. It might be advantageous if we do a single RMD (let's say in 2023 assuming rules are the same) to cover all of our traditional IRAs (i.e. fund the RMD due in 2023 for...
by Prudence
Fri Dec 22, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA Required Mandatory Distributions
Replies: 5
Views: 387

Traditional IRA Required Mandatory Distributions

My wife and I each have traditional IRAs and we file a joint tax return. I am doing RMDs now. She will be required to start by 2023. It might be advantageous if we do a single RMD (let's say in 2023 assuming rules are the same) to cover all of our traditional IRAs (i.e. fund the RMD due in 2023 for ...
by Prudence
Fri Dec 22, 2017 11:35 am
Forum: Investing - Help with Personal Investments
Topic: Affect of Rising Interest Rates on Vanguard Total Bond Index
Replies: 24
Views: 3742

Re: Affect of Rising Interest Rates on Vanguard Total Bond Index

Here's an interesting one. Suppose the interest rate starts at 2.48% and then rises gradually at 0.50% per year and never stops . What happens? Again, this is total return... a growth chart... assuming that you keep the interest payments (i.e. the fund dividends) and reinvest them. http://i68.tinyp...
by Prudence
Fri Dec 22, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Affect of Rising Interest Rates on Vanguard Total Bond Index
Replies: 24
Views: 3742

Re: Affect of Rising Interest Rates on Vanguard Total Bond Index

<t>Like many of you, I have some of my portfolio in Vanguard Total Bond Market Index (VBTLX). I heard a bond expert on Bloomberg today who was guessing that the yield on the 10 year Treasury note would end up in the range of 2.75 to 3.00% by the end of 2018. Who knows but this seems like a reasonab...
by Prudence
Thu Dec 21, 2017 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Affect of Rising Interest Rates on Vanguard Total Bond Index
Replies: 24
Views: 3742

Affect of Rising Interest Rates on Vanguard Total Bond Index

<t>Like many of you, I have some of my portfolio in Vanguard Total Bond Market Index (VBTLX). I heard a bond expert on Bloomberg today who was guessing that the yield on the 10 year Treasury note would end up in the range of 2.75 to 3.00% by the end of 2018. Who knows but this seems like a reasonabl...
by Prudence
Tue Dec 19, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: TIPS and / or Total Bond Fund in AA?
Replies: 26
Views: 1753

Re: TIPS and / or Total Bond Fund in AA?

I studied TIPs and agree with Bill Bernstein's assessment (check out his The Ages of the Investor). He suggests establishing a TIPs bond ladder to cover projected residual expenses. The remaining portfolio could be invested with any stock/bond allocation consistent with the individual's risk appeti...
by Prudence
Tue Dec 19, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: TIPS and / or Total Bond Fund in AA?
Replies: 26
Views: 1753

Re: TIPS and / or Total Bond Fund in AA?

I'm 70 years old and retired. I'm looking at modifying my IPS and AA at the end of the year. The current AA is essentially a four fund portfolio. 50 / 50 stocks / bonds. The stock side is 60 / 40 domestic / international. The bond side is 14% TIPS, 56% domestic and 30% international. Fairly simple ...
by Prudence
Tue Dec 12, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Does any indicator not predict a 2000/2007'ish crash?
Replies: 47
Views: 2815

Re: Does any indicator not predict a 2000/2007'ish crash?

I did a bunch of analysis to see if I should go into SSO (pays 2x S&P500 return) and decided to not only stay out, but to move all my funds into at worst (riskiest) high yield bond funds (which offer a good share of the upside of the equity markets, with less downside. Specifically, they recover fr...
by Prudence
Mon Dec 11, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2064
Views: 1257230

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds? Thanks, Jim Jim: The money I cannot afford to lose is in diversified, reasonably safe, Vanguard Total Bond Market Index Fund and cash in the bank. My exa...
by Prudence
Sun Dec 10, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2064
Views: 1257230

Re: The Three-Fund Portfolio

Taylor, over the years, in your three fund portfolio, have you adjusted your stock/bond allocation using some rule of thumb such as age in bonds?
Thanks,
Jim
by Prudence
Fri Dec 08, 2017 8:02 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1811

Re: Question about IRMAA and first couple years of retirement

Anybody have an idea how/if this works if you're self-employed? Thanks. Very similar. You start with your AGI at the bottom of front page of form 1040 and then add any tax exempt interest to it to get your MAGI. Then see where you are on the IRMAA table... Thanks, I understand the MAGI part. My que...
by Prudence
Tue Dec 05, 2017 11:00 pm
Forum: Investing - Theory, News & General
Topic: Any reason not to rollover 403b to IRA?
Replies: 6
Views: 914

Re: Any reason not to rollover 403b to IRA?

In trying to simplify my 94 year old father-in-law's finances/portfolio, I've just become aware of the ability to rollover a 403b plan to IRA. Details are that his first wife, (my wife's mother), was involved in the school system many years ago and had accrued a 403b retirement account at Valic. Sh...
by Prudence
Tue Dec 05, 2017 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1811

Re: Question about IRMAA and first couple years of retirement

cresive wrote:
Tue Dec 05, 2017 11:21 am
I figured there must be some way around the issue. Thanks!!
The form is SSA-44 Medicare Income-Related Monthly Adjustment Amount-Life Changing Event. And, SSA asks you to provide evidence of the work stoppage or other life changing event with the form.
by Prudence
Tue Dec 05, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 455

Re: Traditional IRA / 401K Required Mandatory Distributions

I took my RMDs (traditional IRA and 401K) back in February and asked VG, Fidelity and my banks and credit unions to withhold about 20% for federal and state income taxes. So, for example, I withdrew $10,000 (just the minimum required) from one account and had $2,000 of that withheld. I took the $2,...
by Prudence
Tue Dec 05, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Question about IRMAA and first couple years of retirement
Replies: 17
Views: 1811

Re: Question about IRMAA and first couple years of retirement

Hello all, I have a fundamental question about the Income-Related Monthly Adjusted Amount calculation and retirement. From what I have read, IRMAA is calculated using a two-year old tax return--i.e. my 2017 IRMAA would be calculated using my 2015 tax return. I had always thought it was a three year...
by Prudence
Tue Dec 05, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 455

Re: Traditional IRA / 401K Required Mandatory Distributions

Earlier this year, I processed my first RMDs. At the time, I had funds withheld for the estimated federal and state taxes (that apply to these RMDs). I didn't give this much thought, frankly. In the RMDs I do in the future, would it be better not to have funds withheld and pay the taxes when due ou...
by Prudence
Mon Dec 04, 2017 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Traditional IRA / 401K Required Mandatory Distributions
Replies: 6
Views: 455

Traditional IRA / 401K Required Mandatory Distributions

Earlier this year, I processed my first RMDs. At the time, I had funds withheld for the estimated federal and state taxes (that apply to these RMDs). I didn't give this much thought, frankly. In the RMDs I do in the future, would it be better not to have funds withheld and pay the taxes when due out...